The AUDUSD begins negatively – Analysis - 18-10-2021
Economies.com
2021-10-18 04:23AM UTC
The AUDUSD pair opens today with bearish bias to press on 0.7405 level, which urges caution from the upcoming trading, as breaking this level will press on the price to test the most important support at 0.7360 before resuming the bullish trend again.
Until now, the bullish trend scenario still active unless breaking 0.7360 and holding below it, supported by the EMA50 that continues to carry the price from below, reminding you that our next target is located at 0.7478.
The expected trading range for today is between 0.7370 support and 0.7460 resistance
The expected trend for today: Bullish
Forex and Currency News
Forex
Yen moves in negative zone under supervision of Japanese authorities
2024-05-08 04:36AM UTC
Yen declined on Wednesday in Asian trade against a basket of major rivals, extending losses for the ...
Forex
Dollar regains footing ahead of important Fed remarks
2024-05-07 11:34AM UTC
Dollar rose in European trade on Tuesday against a basket of major rivals, holding ground above ...
Forex
Aussie is worst performing major currency after RBA's decision
2024-05-07 08:01AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, moving ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price presses on the key support ...
Forex
The AUDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price achieved initial break to ...
Forex
The GBPUSD forecast update 08-05-2024
2024-05-08 09:36AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price achieved initial break to ...